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MegadealsSubsidy Tracker Individual Entry
Company: GOLF ROAD VENTURES, LLC
Parent Company:
Subsidy Source: local
Location: Illinois
City: DES PLAINES
County: COOK
Address: 10 E. GOLF ROAD
Zip: 60016
Project Description: 50% of all taxes imposed and collected pursuant to the City s Home Rule Sales Tax, the Retailer's Occupation Tax Act, the Service Use Tax Act, 3 5 ILCS 11/1 et seq., the Service Occupation Tax Act, 35 ILCS 115/1 et seq., and the Use Tax Act, 35 ILCS 105/1 et seq., collected by Roundy s from sales generated by a grocery store to be constructed on the Property will be rebated to Golf Road Ventures, the owner of the property, for a period up to ten years with a maximum aggregate reimbursement up to $AMOUNT. The rebate is intended as a rebate for Golf Road Venture s construction of certain improvements to the Mt. Prospect/Golf Road intersection.
Year: 2015
Subsidy Value: undisclosed
Program Name: Local Sales Tax Rebate
Awarding Agency: Department of Revenue
Type of Subsidy: tax credit/rebate
Source of Data:
(click here)
Notes: Year is year agreement began. Project description is verbatim text (including indeterminate amounts) from the Department of Revenue's online compilation of excerpts from local agreements. Subsidy amount is not readily available.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.